O'Neill Jamie F 4
Research Summary
AI-generated summary
Foster L B (FSTR) SVP Jamie O'Neill Sells 269 Shares (Tax Withhold)
What Happened
- Jamie O'Neill, Senior Vice President of Human Resources at Foster L B Co. (FSTR), had 269 shares withheld and disposed of to cover taxes related to a restricted stock vesting. The shares were valued at $38.11 each for a total disposition of $10,252. This transaction is a tax-withholding disposition (transaction code F), not an open-market sale intended as a liquidity or investment signal.
Key Details
- Transaction date: 2026-05-22; Price: $38.11 per share; Total value: $10,252.
- Transaction type/code: F — shares withheld to pay taxes on vesting of restricted stock.
- Shares owned after the transaction: not specified in the Form 4 filing.
- Related footnotes from the filing:
- F1: Shares withheld to pay taxes applicable to vesting of restricted stock from the 2025–2027 LTIP awarded 5/22/2025.
- F2: Filing notes 1,127 Performance RSUs earned under the 2024–2026 LTIP (grant 5/23/2024) that will settle after certification on 12/31/2026.
- F3: Filing notes 475 Performance RSUs earned under the 2025–2027 LTIP (grant 5/22/2025) that will settle after certification on 12/31/2027.
- Filing timing: The Form 4 was filed on 2026-05-27 for a 2026-05-22 transaction. Form 4s are generally required within two business days; this filing appears to have been submitted after that typical window.
Context
- Tax-withholding dispositions (code F) are routine administrative actions when restricted stock vests; they are not the same as an insider choosing to sell shares on the open market and typically don’t signal a change in sentiment.
- The filing also documents outstanding Performance RSUs that will settle at the end of their respective performance periods upon Compensation Committee certification; those future settlements may result in additional shares or future tax withholding events.
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